Quote:
Originally Posted by CrazyPhuD
Now now this post is far less informed than mine.  Obviously it's designed to be somewhat of a exaggeration because of the cash position but you might be surprised how easy it is for a company to burn through a believed strong cash position. What many people may have forgotten is that apple has been in the same position they are today before. They had dominance of the PC industry for some time, but due to a set of missteps they lost that and allowed MS to take over their position.
The concern is that they are making many of the same mistakes again that they made before. Given that, why do you expect a different outcome than before? Making mistakes is natural, failing to learn from them is where it is inexcusable. The big difference is that the computer market as a whole is quite a bit larger than before so their limited dominance has allowed them to build a better cash cushion than during the 80s/90s. Cash is only useful if you can use it well, if you can't it may only prolong the inevitable. It's a nature of life that not many people are willing to tell the emperor that he's wearing no clothes.
It's not popular to say that apple is running the significant risk of falling yet again, but that does not make it any less true. |
If GM is too big to fail, wtf do you do if Apple or Google fail?